Eurozone unemployment News

The eurozone jobless rate in February fell to its lowest level since May 2009 as a resurgent hiring spree took hold despite uncertainty over Brexit, EU data showed Monday.

Unemployment in the eurozone has fallen below the symbolic mark of 10 percent for the first time since April 2011, EU data showed on Thursday.

 Eurozone consumer prices rose to a near two-year high of 0.4 percent in September, data showed Friday, offering hope that a disputed programme by the ECB to stimulate the economy may be delivering.

Eurozone unemployment meanwhile was unchanged at 10.1 percent in July, the Eurostat statistics agency.

Eurozone unemployment fell to its lowest level in four-and-a-half years in January, official data showed Tuesday, beating forecasts but still too high to help stimulate growth in Europe`s nearly static economy.

The Eurostat statistics agency said unemployment in the 19-nation eurozone dropped to 10.4 percent in December from 10.5 percent in November, its lowest rate since September 2011.

The European Union`s Eurostat agency said unemployment in the 19-country single currency bloc fell to 10.7 percent in October from 10.8 percent in September, reaching the lowest level since January 2012.

Inflation in the eurozone slowed to 0.2 percent in June, official data showed on Tuesday, with consumer prices rising just slightly in Europe despite unprecedented stimulus measures by the European Central Bank.

Eurozone inflation fell again in August to 0.3 percent, official EU data showed on Friday, bringing the threat of a deflationary spiral dangerously close.

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate edging down while softer prices raised question marks over consumer demand, clouding the outlook.

Eurozone unemployment and inflation data painted a mixed economic picture Thursday, with the jobless rate continuing to fall slowly while declining prices suggested consumer demand remains weak, clouding the outlook.

Eurozone unemployment is still far higher than the average rate across advanced countries, the OECD said on Wednesday just as Britain reported another fall.